# Longsys

China’s Memory Powerhouse Longsys Forecasts 74,000% Profit Surge as AI and Chip Recovery Converge

Chinese memory leader Longsys has projected a massive H1 2024 profit increase of up to 743 times, driven by a recovering global semiconductor market and a surge in AI-related demand. The company also announced a key partnership with AMD to optimize storage efficiency for on-device AI applications.

NeMo2026年7月3日 16:08

#Longsys#Semiconductor#Memory Chips

Detailed image of a vintage computer motherboard with RAM sticks.

Technology

Patent Lawfare in the Memory Chip War: Biwin Storage Faces $7 Million Suit Amid IPO Push

Biwin Storage is facing a 50-million-yuan patent lawsuit from a competitor-linked joint venture just as it attempts a Hong Kong IPO. Despite record-breaking profits driven by the AI chip boom, the company must now navigate regulatory scrutiny over its IP risks and controversial executive pay hikes.

NeMo2026年4月9日 15:28

#Biwin Storage#Longsys#Semiconductors